Market News
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Railway investments in Egypt Set to hit US$11Billion by 2030
Posted on :Saturday , 24th October 2015
Railway investments in Egypt are set to hit US$11 Billion by 2030 chairman of Egypt’s National Railway Authority Ahmed Hamid has announced. He noted enormous growth of the railway system in the country.
He added that the general investment plan of the authority is represented in three axes: the most important one is the urgent plan, with an estimated value of EGP7.17b. . .BASF Construction launches concrete admixtures production plant in Africa
Posted on :Saturday , 24th October 2015
Germany based construction product manufacturer BASF Construction Chemicals has launched its new concrete admixtures production plant in Nigeria.
The plant is expected to respond to the ever growing demand for concrete admixtures products.Speaking during a press briefing, Nair Narayanan who is the country Manager for BASF . . .UWA acquires road equipment worth over $1m
Posted on :Friday , 23rd October 2015
The African Wildlife Foundation (AWF), through support from Usaid/Uganda Tourism for Biodiversity Programme (T4B), has donated road construction equipment worth $ 1,333,823(about sh4.8b) to Uganda Wildlife Authority (UWA).
The equipment, which was handed over by T4B chief of Party, Kaddu Sebunya, to UWA’s Executive Director, Dr Andrew Sseguya,. . .Centum Investment Company - Building Value in Kenya: Ryan Hoover, Investment Analyst, Africa Capital Group
Posted on :Friday , 23rd October 2015
The Nairobi Securities Exchange’s main index has lost 31.7% in U.S. dollar terms since the start of the year in response to security concerns, China’s slowing growth, and a brief experiment with a 5% capital gains tax.
The drop makes for a compelling opportunity to purchase shares of the country’s largest investment holding firm.
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South Africa\'s Mediclinic to buy UAE\'s Al Noor Hospitals for $2.2B
Posted on :Friday , 23rd October 2015
South Africa‘s Mediclinic Intl has agreed to buy United Arab Emirates’ Al Noor Hospitals Group for around 1.4 billion pounds ($2.2 billion), gaining the upper hand on rival NMC Health in a tussle for expansion in the fast growing Gulf region.
The deal will double the South African group’s presence in the UAE, further diversifying out of its slow growing home mar. . .Please Select an Option
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